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Sterling Long Term Investment

Discounted Certificate Of Deposit (DCD) Naira

Availability: The Discounted Certificate of Deposit (Naira) is targeted at individuals, corporate organizations, NGOs, Government parastatals etc.
Opening Balance: 100,000
Daily Minimum Balance N/A
Rate: Discount rates vary
Liquidity:  N/A
Benefits:
  1. A medium to long term investment vehicle that offers a fixed return
  2. Specific fixed term (1-10 years & above)
  3. Issued and redeemable at Sterling Bank Plc
  4. Option of repurchase available
  5. Investment can be transferred to a third party
  6. Multiple investments permissible and can run concurrently
  7. Can be used as a collateral
  8. Fixed rate of return through the life of the investment regardless of rise or fall in market rates
Cross Selling Opportunities:
  1. Fixed Deposit
  2. Sterling Recurring Deposit Account (SRDA)
  3. Discounted Certificate of Deposit (DCD) Dollar
  
Account opening Requirements:
  • Duly completed account opening form
  • Duly completed specimen signature card
  • Two (2) recent passport sized photographs
  • Valid means of identification i.e International Passport, Driver’s License, National ID Card
  • Valid resident permit (For Foreigners Only)
  • Current utility bill from place of residence (e.g. electricity, water rate, telephone bills)

Discounted Certificate Of Deposit (DCD) Dollar

Availability: The Discounted Certificate of Deposit (Dollar) is targeted at individuals, corporate organizations, NGOs, Government parastatals etc.
Opening Balance: $10,000
Daily Minimum Balance N/A
Rate: As advised by Treasury
Liquidity:  N/A
Benefits:
  1. Subsequent investments in multiples of $10,000
  2. Offers higher returns than regular deposits
  3. Specific fixed term (1-5 years & above)
  4. Issued and redeemable at Sterling Bank Plc.
  5. Option of repurchase available
  6. Multiple investments permissible and can run concurrently
  7. Can be used as a collateral for either NGN or USD facility
Cross Selling Opportunities:
  1. Fixed Deposit
  2. Sterling Recurring Deposit Account (SRDA)
  3. Discounted Certificate of Deposit (DCD) Dollar
  
Account opening Requirements:
  • Duly completed account opening form
  • Duly completed specimen signature card
  • Two (2) recent passport sized photographs
  • Valid means of identification i.e International Passport, Driver’s License, National ID Card
  • Valid resident permit (For Foreigners Only)
  • Current utility bill e.g. electricity, water rate, telephone bills

Long Term Investment

Get a wide range of Long Term Investment with so much benefits that suit your personal or business needs.
  1. Discounted Certificate Of Deposit (DCD) Naira
  2. Discounted Certificate Of Deposit (DCD) Dollar
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